The acquisition, originally announced in the summer, constitutes an important milestone in PPC Group’s strategy to expand its RES portfolio, but also to strengthen its commitment to the green transition throughout Southeast Europe.
In addition to the mobility corridor, Romania and Bulgaria signed a memorandum to establish a regional special operations command centre. This centre will plan and manage NATO's special operations forces in the Black Sea region, further bolstering regional security.
At the same time, a standing veto by the Austrian government means the new borderless travel will not immediately apply for land routes
